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July 1, 2003 - New Florida Appraisal Law

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Francois K. Gregoire

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Jan 14, 2002
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Certified Residential Appraiser
State
Florida
Hi All,

Today, July 1, 2003, the new amendments to Chapter 475, Florida Statutes Parts I and II become effective. Here is a link to a letter from Diane Carr, Secretary of the Department of Business and Professional Regulation.

Within her letter are links to a synopsis of the changes, the full text of the bill as well as her request for citizen and licensee involvement in the rules making process to implement the changes.

http://www4.myflorida.com/dbpr/re/rules_st...tes/index.shtml

Frank
 

Mike Seward

Senior Member
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Jan 23, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Thanks, Frank

Mike Seward
 

Dale Smalley

Senior Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Florida
How do we fight this part

10 475.612, F.S.; conforming terminology;

11 authorizing real estate brokers,

12 broker-salespersons, and salespersons to

13 provide valuation services without being

14 regulated as appraisers; authorizing brokers

15 and salespersons to give price opinions without

16 being regulated as appraisers;
 

Travis McGee

Senior Member
Joined
Sep 18, 2004
Dale-It seems a positive change, as former language stated that "brokers could provice appraisal services", now changed to "provide valuation services. "

How can we fight this? Impossible, in thier scope of business, they are allowed to provide these kind of services to arrive at listing prices, suggest offering prices etc. Rather than fight it, we should promote ourselves and what we have to offer.
 

Dale Smalley

Senior Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Well any way there is good news with e state declaring;
The fact that a property was, or was at any time suspected to have been, the site of a homicide, suicide, or death is not a material fact that must be disclosed in a real estate transaction.

:sniper: :sniper: :sniper: :sniper:
 

Francois K. Gregoire

Senior Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Originally posted by JO ANNE GLANTZ@Jul 1 2003, 12:54 PM
Dale-It seems a positive change, as former language stated that "brokers could provice appraisal services", now changed to "provide valuation services. "

How can we fight this? Impossible, in thier scope of business, they are allowed to provide these kind of services to arrive at listing prices, suggest offering prices etc. Rather than fight it, we should promote ourselves and what we have to offer.
Jo Anne,

Thanks for taking that question and thanks for noticing the subtle change in the language. There may be a situation, some time in the future, when that change is useful.

After two years of coaxing the appraisal bill along and getting the Florida Association of REALTORS to not only keep from fighting it, but to support it, I'm not ready to open things up again. In addition, most of the 'valuation service' stuff real estate agents are willing to do for peanuts, I'm unwilling to do for four to ten times what they are paid. Let the market work. We'll all find our level.

Frank
 
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